Tether mints another $1,000,000,000 USDT on Justin Sun’s Tron blockchain: TRX traders could profit

Source Fxstreet
  • Tether, the world's largest stablecoin issuer, mints another $1 billion worth of USDT on the Tron blockchain on Friday.
  • Large stablecoin inflows during a market rally often indicate fresh buying pressure.
  • As investors brace for US and China inflation reports, tokens like BNB, BGB and TRX could benefit from the volatile market swings. 

Fresh $1B USDT Issuance signals liquidity surge on Tron network

Tether, the world’s largest stablecoin issuer, has minted another $1 billion worth of USDT on the Tron blockchain, according to Whale Alert data published Friday.

This issuance pushes Tether’s total USDT supply on Tron past $50 billion, reinforcing its dominance within the stablecoin sector.

Tether USDT mints $1B worth of USDT tokens on Justin Sun’s Tron blockchain network | Source: Tronscan


However, timing of Tether’s latest mints—just ahead of crucial macroeconomic reports from both the U.S. and China—suggest it could be linked to traders looking to enter crypto positions to capitalize on potential short-term gains.

On the flip side, the $1 billion inflow could also provide firepower to scoop the dip if hawkish inflation indicators emerge from any or both of the world’s two largest economies on Thursday. 

Notably the inflows coincided with Bitcoin price which briefly surpassed $83,600 after former U.S. President Donald Trump announced a rollback of the global tariffs. With CPI and PPI data looming, Tether’s $1 billion liquidity injection could provide directional momentum, depending on the outcome of each. 

Tron On-chain metrics heat up as Tether mints another  $1B in USDT 

Tron’s blockchain fundamentals are flashing bullish signals, supported by a raft of intense on-chain activity amid the market turbulence.

On Wednesday, on-chain data from Tronscan shows that Tether’s the world’s largest stablecoin issuer executed another $1 billion USDT issuance on the network.

This aligns with the dominant narrative that investors begin to re-allocate capital towards crypto risk assets. 


Tron (TRX) On-chain data analytics, April 10  | Source: Tronscan


Validating this stance, Justin Sun’s Tron network expansion has accelerated significantly. According to real-time data from Tronscan, new TRX accounts surged by 224,300 in just 24 hours, bringing the cumulative count to 299.63 million. This uptick emphasizes rising user adoption and increased stablecoin activity as market turbulence heightens. 

More importantly, Tron’s daily transaction count increased by 8.5 million, pushing the total number of all-time transactions past 10.07 billion. Simultaneously, the Total Value Locked (TVL) climbed 4.8% to $19.33 billion, reflecting a meaningful injection of new capital into the Tron DeFi ecosystem.

These headline metrics are further supported by deeper liquidity indicators. Over a 24-hour period, Tron’s transfer volume surged by $26.89 billion, lifting cumulative transfer volume to an impressive $17.68 trillion. This suggests capital is actively moving within the ecosystem—not just parked—which typically precedes demand pressure for TRX.

In essence, TRX supply-side dynamics paint a picture of tightening supply and enhanced investor sentiment after Trump’s decision to pause tariffs imposed on all US’ trade partners, except China. 


TRX price primed for breakout amid liquidity wave

Historically, fresh stablecoin issuance—especially on Tron—has preceded surges in TRX and other related tokens. Much of the newly minted USDT fuels cross-border transfers, OTC desk settlements, and DeFi lending, all of which incur TRX gas fees.

Hence, periods of intense market volatility with traders rotating in and out of stablecoins often generate significant traction for the TRX token holder incentives, resulting in persistent buy pressure. 

Tron (TRX) Price Action, April 10 | Source: Coingecko

Tron (TRX) Price Action, April 10 | Source: Coingecko

With TRX price up 4.5% at press time on Thursday, trading at $0.2831 and 24-hour trading volume reaching $946 million, market sentiment is beginning to align with the on-chain strength.

Moreover, exchange balances for TRX have declined sharply in the past 48 hours, as investors migrate tokens to private wallets or stake them—another signal of reduced sell-side pressure and long positioning.

If upcoming macroeconomic data confirms dovish inflation trends, TRX may break through short-term resistance near $0.135, a level not seen in 30 days. This could see current TRX holders earn another 4.7% profit in the near term.


Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
BNB Price Finds Its Footing — Can Bulls Ignite the Next Leg Up?BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support
Author  FXStreet
5 Month 16 Day Fri
BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support
placeholder
EUR/USD Price Forecast: Seems vulnerable below 1.1200, 200-period SMA on H4 holds the keyThe EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session.
Author  FXStreet
5 Month 19 Day Mon
The EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session.
placeholder
Solana (SOL) Aims Higher With Strong Buyer Support, Next Stop $200?Solana started a fresh increase from the $165 zone. SOL price is now gaining pace and might aim for more gains above the $180 zone. SOL price started a fresh increase above the $170 level against the
Author  NewsBTC
5 Month 22 Day Thu
Solana started a fresh increase from the $165 zone. SOL price is now gaining pace and might aim for more gains above the $180 zone. SOL price started a fresh increase above the $170 level against the
placeholder
XRP Price Bounces Back — Can It Reclaim Key Resistance Levels?XRP price started a consolidation phase above the $2.250 zone. The price is now rising and might aim for an upside break above $2.350. XRP price started a decent increase above the $2.30 zone. The
Author  NewsBTC
5 Month 26 Day Mon
XRP price started a consolidation phase above the $2.250 zone. The price is now rising and might aim for an upside break above $2.350. XRP price started a decent increase above the $2.30 zone. The
placeholder
EUR/USD gathers strength to near 1.1400 as Trump delays EU tariffsThe EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
Author  FXStreet
22 hours ago
The EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
Related Instrument
goTop
quote